As the mark of $100,000 approaches, the liquidity imbalance is nearing levels that have only been observed three times since 2022. While this does not threaten a mid-term rally, it indicates that the struggle to overcome the $100,000 level may be intense," wrote FalconX.
The company also noted a decrease in Bitcoin's dominance relative to other cryptocurrencies in recent days. According to Coinmarketcap, dominance dropped from 60.1% on November 21 to 59.7% on November 25. Thus, there is a capital outflow from Bitcoin to alternative cryptocurrencies, confirming the need for a price correction.